Cryptocurrency Analysis and News Portal
Bitfinex postponed the sale of Kimcoin indefinitely. The regulatory framework in the industry is affecting initial exchange offerings. Kim Dotcom tried to avoid countries within the U.S. jurisdiction. Bitfinex, a Hong Kong-based cryptocurrency exchange, announced its decision to postpone the initial exchange offering (IEO) of Kimcoin, the native
Read More
I'm thrilled to share that I'm the new executive editor of CryptoX. I wanted to take this opportunity to introduce myself to our readers.This is a return to blockchain journalism for me. I first bought Bitcoin in 2011, when I was curious about this new technology. I had been
Read More
Facebook’s announcement in June to launch its own cryptocurrency, Libra, met a lot of obstacles as countries including France and Germany claimed that the use of Facebook’s digital currency in their territories could be a potential risk for their financial sector.In accordance with that assessment, recently a European Union draft
Read More
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government
Read More
AnalysisWhen looking at the chart below we can see that Ethereum (ETH)trade is trading at $190.70. It can also be seen that the second-largest cryptocurrency’s price is back in the channel after a false break out.The upper limit of the channel at $192 is also acting as resistance and $187
Read More
It has been revealed that Xpring, Ripple’s investment arm, invested in Flare Networks, a platform for smart contracts.Apart from being popular for using in its solutions XRP which is the third-largest digital currency in the world and has been for a long time, Ripple is also quite known for many
Read More
China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment Outlook 2020 Summit in New York on Nov. 5.Xi “just credentialized crypto and
Read More
Bitfinex and a blockchain project launched by Kim Dotcom have “mutually agreed” to part ways, scuppering a planned initial exchange offering (IEO) for the controversial internet entrepreneur. Citing the current “regulatory environment” and the “risks associated with raising funds”
Read More
The Chief Executive of Hong Kong’s Securities and Futures Commission, Ashley Alder, announced at a fintech conference in Hong Kong that the region’s financial regulator is going to develop a framework for digital asset exchanges. The framework was to be released on Wednesday.Hong Kong is the hub for many of
Read More
On the first day of November, it came to light that popular crypto derivatives exchange BitMEX had accidentally leaked sensitive data related to its users, which occurred as a result of the company failing to apply a blind copy protocol to its mass mail servers.The lapse was acknowledged by the
Read More